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REVENUE
3 Months Ended
Sep. 30, 2021
REVENUE  
NOTE 3- REVENUE

NOTE 3 - REVENUE:

 

The Company’s subsidiary, Anton Nielsen Vojens, ApS has one customer who is a non-related party and leases property from the Company. Rent revenues related to the operating lease are recognized as incurred. The Company’s subsidiary Sharx DK ApS had one retail customer for the three month period ending September 30, 2020 and zero for the three month period ending September 30, 2021. The Company has determined that is an agent of the manufacturer and collects commission revenue at or before the delivery of product.

 

The Company disaggregates revenues by revenue type and geographic location. See the below tables:

 

 

 

Three Months Ended

September 30,

 

Revenue Type

 

2021

 

 

2020

 

Real Estate Rental

 

$10,181

 

 

$10,329

 

Commission Revenues

 

 

 

 

 

 

Total Sales by Revenue Type

 

$10,181

 

 

$10,329

 

 

The Company’s derives revenues from 100% of foreign revenues. For the period ending September 30, 2021 and September 30, 2020 the major geographic concentrations were as follows:

 

 

 

Geographic Regions

 

 

 

for the Three Months Ended September 30,

 

Revenue Type

 

2021

 

 

2020

 

International

 

$10,181

 

 

$10,329

 

Domestic

 

 

 

 

 

 

Total Sales by Geographic Location

 

$10,181

 

 

$10,329